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Cant determine whether this is a PR piece or actually sound “investment advice”
by ThomPete 9y ago
Cant determine whether this is a PR piece or actually sound “investment advice”
- danvoell 9y agoAssume PR. The investor has already locked this position and by others doing so, the spread will become tighter and he will profit.
- jstanley 9y agoJust because it's PR doesn't make it wrong. Yes, he profits if you do what he says. But... so do you!
- ThomPete 9y agoI am always cautious when people share "their secrets" with the rest of the market. I am not saying it's wrong but I have been in cryptocurrencies long enough to know it's not as simple as it might look. I would be skeptical of the ability to short this market substantially since those who came in very early and at very low prices hold quite a lot and can afford it to go way down yet and thus will be long on this if need to. That's also just another theory we have no way of knowing whether is true or not. So only time will tell.
- frgtpsswrdlame 9y agoPR but it's no more PR than any other pro-bitcoin article that's been on the front page.
- ThomPete 9y agoWell, so far the pro's have been fairly correct. That doesn't mean there won't be a major correction but again it just sounded disingenuous to me.